Housing provident fund deposit interest rate rise, the industry said or not much effect, the original title: housing provident fund deposit interest rate increased interest rates can run CPI? The three Department jointly issued a document, decided to staff housing accumulation fund account deposit interest rate adjusted to unified one-year benchmark deposit interest rates. In new network on 18 February, (real estate channel Lu Xiaoxiao) recently the central bank, the Ministry of housing, the Ministry of Finance jointly issued a document, the decision since February 21st, the employee housing provident fund accounts and current deposit rates, perform three months deposit benchmark interest rate from the current collection in accordance with the time, adjusted to a system according to the benchmark one-year deposit interest rate executive and raise the interest rate of 1.50%. Insiders pointed out that the move will increase the residents’ interest income of provident fund, improve the ability of residents to pay, the government departments in the move to inventory for the property market. But insiders pointed out that, because the interest rate adjustment is not large, the increase in the amount of provident fund interest is limited, the actual effect is not big, 1.5% of the income is lower than the recent consumer price index CPI rise, provident fund in the account may be devalued. Yesterday, the central bank website announced that the people’s Bank of Chinese, Ministry of housing and urban construction, the Ministry of Finance issued the "notice on the improvement of employee housing provident fund account deposit interest rate formation mechanism" (hereinafter referred to as the "notice"), since February 21st, the employee housing provident fund accounts and current deposit rates, perform three months deposit rates by according to the current collection time, adjusted to a uniform according to the benchmark one-year deposit interest rate executive. The adjustment is the redistribution of housing accumulation fund income and deposit income of employees, it will not push up the overall interest rate level, nor will it affect the normal management and operation of housing provident fund. It is reported that since 1996, following the "low to low, guaranteed profit principle, employee housing provident fund deposit accounts in accordance with the collection time between interest rates, and then separately carried over from the previous year respectively according to demand deposits and three months deposit benchmark interest rate, there are 0.35% and 1.10%. After the adjustment, the staff housing accumulation fund account deposit rate will be unified according to one-year benchmark deposit rate, the current rate is 1.50%. Since the provident fund account deposit interest rate has improved, then the adjustment of the people’s provident fund accounts can be more income how much money? Beijing real estate channel calculations, taking the A as an example, if the provident fund account balance last year is 100 thousand yuan per month this year regularly paid 1000 yuan provident fund, provident fund balance by the end of this year will be 113597.5 yuan, according to the original rate is only 113122.75 yuan, the adjusted increase of 474.75 yuan. In this regard, the Central Plains real estate chief analyst Zhang Dawei said that the purpose of this policy is to reduce the non purchase housing provident fund extraction, attracting provident fund deposit workers to reduce the extraction rate, but from this interest rate changes, the actual impact is very small. 1.5% of the income is lower than last year in December rose by 1.6%CPI year-on-year, so for low-income people, the accumulation fund in the account is equivalent to devaluation. In fact, the provident fund prop